Reference: 12-11 The Millard Division's Operating Data for the Past Two Years
Question 74
Question 74
Multiple Choice
Reference: 12-11 The Millard Division's operating data for the past two years are provided below: Return on investment Stockholders’ equity Net operating income Turnover Margin Sales Year 1 12%$800,000???3,200,000 Year 2 36%$500,000$360,0003?? Millard Division's margin in Year 2 was 150% of the margin in Year 1. -The sales for Year 2 were?
A) $3,200,000. B) $1,200,000. C) $3,333,333. D) $3,000,000.
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